Archives

Bluffton, S.C. - February 1, 2011 - (RealEstateRama) -- A strong finish to the year boosted closed and pending real estate sales at Palmetto Bluff to $44.5 million, a 42 percent increase over 2009 sales of $26.3 million. The 20,000-acre environmental preserve and residential community in South Carolina’s Lowcountry had a particularly strong fourth quarter with $14.3 million in sales, more than half of its total sales in 2009.

DENVER, CO - February 1, 2011 - (RealEstateRama) -- One of the largest real estate franchises in the world is celebrating its 38th anniversary and a year of significant success despite a challenging housing market. This month, RE/MAX and its Co-Founders, Dave and Gail Liniger, celebrate a year of remarkable achievements and Founder’s Day, the day RE/MAX was created.

Los Angeles, CA - February 1, 2011 - (RealEstateRama) -- CB Richard Ellis Group, Inc. (CBRE) today announced the launch of a new, proprietary online real estate loan auction service. This new platform expands the company’s capabilities for assisting sellers in the disposition of commercial real estate loans.

McLean, VA - February 1, 2011 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) announced today that it plans to issue a new two-year USD Reference Notes® security, CUSIP number 3137EACS6, due on March 28, 2013. The issue will be priced on Wednesday, February 2, 2011, and will settle on Friday, February 4, 2011, at benchmark size

Denver, CO - February 1, 2011 - (RealEstateRama) -- Redfin, a technology-powered brokerage that seeks to change the whole real estate game in consumers' favor, today expanded to the Denver metropolitan area, bringing to Colorado the company's trademark combination of consumer advocacy, transparency and value

Fort Mill, S.C. - January 31, 2011 - (RealEstateRama) -- Lennar Homes has committed to purchasing 40 homesites in Springfield from Crescent Resources, LLC, prompting Crescent to start development of a new section within the community. Lennar Homes has developed a new collection of home plans specifically designed to complement Springfield and will open a model home/design center in late-summer.

McLean, VA - January 31, 2011 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) released the results of its fourth quarter 2010 cash-out refinance analysis.

Needham, MA - January 31, 2011 - (RealEstateRama) -- Real estate blog designer HubConnected LLC is proud to announce that the team of Debbie Spencer and Sheen Santos, Real Estate Agents with Higgins Group Realtors., have launched a brand new hyper-local real estate blog http://www.liveinbedfordma.com. The blog is dedicated to life in the Massachusetts town of Bedford, MA. In addition to discussing the real estate market, the blog will feature wide-ranging articles about the towns, events occurring in Massachusetts, family activities, and tips on local shopping, restaurants, schools and neighborhoods.

DENVER, CO - January 28, 2011 - (RealEstateRama) -- RE/MAX Commercial® is once again joining the ranks of other high-profile commercial franchises with the second most Certified Commercial Investment Member (CCIM) candidates and designees in the industry, a significant achievement given today’s commercial real estate landscape.

DETROIT, MI - January 27, 2011 - (RealEstateRama) -- Madison Theatre Building LLC, a new partnership formed by Dan Gilbert, Founder and Chairman of Detroit-based Quicken Loans Inc., announced it has completed the purchase of the historic Madison Building, located at 1555 Broadway Street in downtown Detroit. The building was originally designed by architect C. Howard Crane and constructed in 1917 as part of the Madison Theater complex.

Sanford, ME - January 27, 2011 - (RealEstateRama) -- Reliant Mortgage Company of Sanford, ME has announced that it has been named the #1 Mortgage Company of the Greater Sanford/Springvale area for 2011.

McLean, VA - January 27, 2011 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®) which shows long- and short-term rates rising this week

NEW YORK, N.Y. - January 27, 2011 - (RealEstateRama) -- Mortgage rates showed little movement again this week, with the benchmark conforming 30-year fixed mortgage rate nosing higher to 4.97 percent according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.44 discount and origination points.

Inland Empire - January 27, 2011 - (RealEstateRama) -- Colliers International, the second largest real estate services organization globally, has completed the sale of a 89,248-square-foot multi-family property located at 301 E. Cypress Ave, Redlands, CA to Sequoia Equities, a Walnut Creek-based real estate investment firm. The property sold for $625,000 above list price, at $11.625 million and $141,768 per unit.

Torrance, CA - January 27, 2011 - (RealEstateRama) -- Lee & Associates, one of the largest national commercial real estate providers with regional expertise, recently closed the sale of a 27.96-acre land parcel in the Ocean Ranch business park in Oceanside, Calif. The transaction is valued at $8.8 million.

Washington, DC - January 27, 2011 - (RealEstateRama) -- Pending home sales improved further in December, marking the fifth gain in the past six months, according to the National Association of Realtor

Torrance, CA - January 27, 2011 - (RealEstateRama) -- The Irvine office of Lee & Associates, the fourth largest full-service commercial brokerage company in the nation, has completed the $6.3 million sale of the Teslaco Building, a 35,000-square-foot office building located at 35 Tesla in Irvine, Calif., to Owen Commercial. The building was a foreclosure sale by GE Capital and was never put on the market. Lee & Associates sold it as an off-market investment.

Los Angeles, CA - January 26, 2011 - (RealEstateRama) -- CB Richard Ellis Group, Inc. (CBRE) has announced that Chris Ludeman will join Brian Stoffers as co-president of the firm’s Capital Markets businesses. In his expanded role, Mr. Ludeman will provide client-facing leadership for the company’s office, industrial and retail Investment Properties efforts along with its Institutional Group, Global Property Advisors and Private Client Group activities. Mr. Stoffers will continue to lead CBRE’s Debt and Equity Finance, agency and loan servicing businesses, as well as oversee the multi-housing, hotel/lodging and investment banking practices. Mr. Ludeman will continue as President, Americas Brokerage, overseeing CBRE’s tenant rep and agency leasing business lines

ISSAQUAH, WA - January 26, 2011 - (RealEstateRama) -- Pulte Homes purchased land for the development of 70 townhomes in the sought-after Issaquah Highlands master plan. The homebuilder purchased the land from Port Blakely Communities in late December and plans to begin sales this fall

McLean, VA - January 26, 2011 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) today issued the company's Monthly Volume Summary for December 2010. The summary, available on the company’s Web site at www.FreddieMac.com/investors/volsum, provides information on Freddie Mac’s mortgage-related portfolios, securities issuance, risk management and delinquencies. Beginning in January 2011, Freddie Mac began publishing pool-level delinquency disclosures on its single-family PC and Giant PC securities on the company’s Web site, www.FreddieMac.com/mbs. As a result, Tables 9 and 10 are no longer included in the Monthly Volume Summary.